Towers Watson

  www.towerswatson.com
  www.towerswatson.com
There are newer employer reviews for Towers Watson

 

A consulting firm that does not properly value its analysts

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Actuarial Analyst in Simsbury, CT
Former Employee - Actuarial Analyst in Simsbury, CT

I worked at Towers Watson

Pros

The people I worked with were nice people. You have flexibility in your life to work from home when you need to. The occasional fun office event was nice. You were recognized when you passed an exam.

Cons

Management doesn't really care about the analysts. They care if you aren't billing enough hours, but that's about it. Compensation was low compared to insurance companies in the area. They started to cut 401k matching. I was given a "promotion" in title, but my salary stayed the same and my over-time pay was taken away (this was to match Watson Wyatt's pay structure in the merger). I got fewer days to study for my exams, I had to pay for seminar fees from my own pocket. Several things just show that the leadership does not value its hardworking analysts. I'm glad I left and not surprisingly; people at all levels have followed suit.

Advice to ManagementAdvice

Pay your employees, my god! We bill $250 per hour and knowing that we hardly get 10% of that is a bit alarming.

Doesn't Recommend
Disapproves of CEO

410 Other Employee Reviews for Towers Watson (View Most Recent)

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  1. 1 person found this helpful  

    A great place to have a career, not just a job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Consultant in New York, NY
    Current Employee - Senior Consultant in New York, NY

    I have been working at Towers Watson

    Pros

    Smart people, great clients, great brand, interesting work, promotions at most levels are fair, good benefits, lots of responsibility regardless of level

    Cons

    Promotions at very senior levels can be slow, cash compensation may be lower than competitors and you need to consider the whole total rewards package, speed of innovation is slower than smaller firms

    Advice to ManagementAdvice

    Reward and recognize innovation by carving out time and roles instead of thinking it can be a hobby part-time while consultants are attempting to achieve high goal standards

    Recommends
    Approves of CEO
  2.  

    Very demanding place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at Towers Watson

    Pros

    Entry-level compensation was generous.
    Relocation assistance seems to be typically provided.
    Bonuses and pay raises are no longer frozen.
    Potential to learn a lot about the industry.

    Cons

    Poor work/life balance well over 3/4ths of the year.
    Bonuses do not offset the amount of time needed to actually get the bonus.

    Advice to ManagementAdvice

    Work on improving retention. I find it unlikely that the most talented individuals are willing to put up with all of the cons of working there. In other words, you're constantly losing some of your best employees.

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for Towers Watson

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